Categories AlphaGraphs, Consumer, Earnings
CAG Earnings: All you need to know about Conagra’s Q2 2024 earnings results
Conagra Brands, Inc. (NYSE: CAG) reported second quarter 2024 earnings results today.
Net sales decreased 3.2% year-over-year to $3.21 billion. Organic net sales decreased 3.4%.
Net income attributable to Conagra Brands decreased 25.1% to $286 million, or $0.60 per share compared to the prior-year quarter. Adjusted net income decreased 12.9% to $341 million, or $0.71 per share.
Earnings beat estimates while revenue fell short.
For fiscal year 2024, the company expects organic net sales to decrease 1-2% compared to fiscal year 2023. Adjusted EPS is expected to be $2.60-2.65.
The stock dropped 2% in premarket hours on Thursday.
Prior performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
CVX Earnings: Chevron reports lower revenue and profit for Q1 2024
Energy exploration company Chevron Corporation (NYSE: CVX) announced first-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation was $5.50 billion or
ABBV Earnings: AbbVie reports lower adj. profit for Q1 2024; revenue edges up
Specialty biopharmaceutical company AbbVie, Inc. (NYSE: ABBV) Friday announced first-quarter 2024 financial results, reporting a decline in adjusted earnings and a modest rise in revenues. The company reported worldwide net
CL Earnings: Key quarterly highlights from Colgate-Palmolive’s Q1 2024 financial results
Colgate-Palmolive Company (NYSE: CL) reported first quarter 2024 earnings results today. Net sales increased 6.2% year-over-year to $5.06 billion. Organic sales increased 9.8%. Net income attributable to Colgate-Palmolive Company was
